Gate Launchpad completes its fifth Kodiak (KDK) token distribution and will launch spot trading.
TL;DR
Gate has completed its fifth Kodiak (KDK) token distribution and will launch spot trading on December 23rd, along with instant exchange trading. The launch includes a VIP New Year's Red Packet Rain and a trading competition with significant prize pools.
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According to official news, Gate has completed the distribution of Kodiak (KDK) tokens in the 5th Launchpad offering. Gate will launch Kodiak (KDK) spot trading on December 23rd at 22:00 (UTC+8), and will also launch Kodiak (KDK) instant exchange trading on December 23rd at 23:00 (UTC+8).
To thank its users, Gate is launching a special VIP 2026 New Year's Red Packet Rain and a spot trading competition. The Gate VIP 2026 New Year's Red Packet Rain has a total prize pool of 85,714 KDK and 200,000 CYS, with a total value of approximately 70,000 USDT. Gate is also launching a Kodiak (KDK) trading competition; participants can share 107,142 KDK, with a maximum single-person prize of 7,560 KDK.